Recent Posts • Latest Topics • Unanswered Questions

Mike bought 200 shares of EG stock two years ago at $16 per share. The stock has traded in a range ...

manonvsb

wrote...

Go to Answer

Posts: 121

Rep:

2 years ago

Mike bought 200 shares of EG stock two years ago at $16 per share. The stock has traded in a range ...

Mike bought 200 shares of EG stock two years ago at $16 per share. The stock has traded in a range of $21 to $44 a share over the past year. EG is now selling for $43.60 a share. EG announces its earnings today and Mike feels the stock could go to $60 on good news or fall to $30 on bad. To protect his profits, the most appropriate order for him to place is

▸ market order to sell immediately.

▸ a limit sell order at $60.00.

▸ a stop loss order at $42.

▸ a stop-limit order to sell at $45.

Textbook

Fundamentals of Investing

Edition: 14^th

Authors: Zutter, Smart

Read 54 times

1 Reply

Report

Replies

Answer verified by a subject expert

birdnugget

wrote...

Posts: 149

Rep:

2 years ago

More solutions for this book are available here

Report

Related Topics

manonvsb Author

wrote...

2 years ago

Thanks

logbi

wrote...

Yesterday

this is exactly what I needed

terriroberts96

wrote...

2 hours ago

This helped my grade so much Perfect

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1090 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

249

344

612

Your Opinion

Previous poll results: Do you trust social media networks with protecting your privacy?

Strange Ingredients Lurking in Doritos Chips

Courses by Biology Forums

Bonobos, Chimpanzees, and the 98% DNA Link

It's sore throat season, why does my mucus have red spots?

The Toxic Skin and Fungi Defense

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.